Sonic Healthcare (OTCMKTS:SKHHY) Shares Gap Down – Should You Sell?

Sonic Healthcare Ltd. Sponsored ADR (OTCMKTS:SKHHYGet Free Report)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $17.12, but opened at $14.76. Sonic Healthcare shares last traded at $15.0320, with a volume of 543 shares traded.

Analyst Ratings Changes

Separately, Zacks Research lowered Sonic Healthcare from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 22nd. Two analysts have rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

View Our Latest Analysis on Sonic Healthcare

Sonic Healthcare Trading Down 11.5%

The firm’s 50-day moving average is $14.92 and its two-hundred day moving average is $14.73. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.01 and a quick ratio of 0.90.

About Sonic Healthcare

(Get Free Report)

Sonic Healthcare (OTCMKTS:SKHHY) is a global provider of medical diagnostics services, specializing in pathology and radiology. Established in 1987 and headquartered in Sydney, Australia, the company has grown into one of the largest laboratory networks in the world. Its ordinary shares trade on the Australian Securities Exchange, and its American Depositary Receipts trade over the counter under the symbol SKHHY.

The company offers a broad range of clinical pathology services, including anatomic pathology, clinical chemistry, hematology, microbiology and molecular diagnostics.

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